Free Press Journal
  • BP Group chief executive Bob Dudley is seen with Reliance Industries Chairman (File Photo). Dudley has pitched for "appropriate pricing" of gas for complex and capital intensive deep sea projects like KG-D6

    RIL again loses most profitable tag, this time to IOC

    Mumbai: Within two quarters of losing its 23-year-old reign as the country’s most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by IndianOil. The state-run firm booked Rs 118 crore more profit than the Mukesh Ambani-run firm net income of Rs 6,318 crore.

  • No more hiring from pvt sector for PSB top jobs: Banking Secy

    New Delhi: Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such hiring of CEO and Managing directors in banks would be from existing public sector talent pool and not from outside. “For five large banks we had different procedure. For remaining banks we are going to hire from the pool of executive directors of the public sector banks itself,” Financial Services Secretary

  • Maggi Ban

    Government to continue with Rs 640-cr suit on Maggi noodles

    New Delhi: Unfazed by the Bombay High Court order quashing the ban on Maggi noodles, Union Minister Ram Vilas Paswan has said the verdict does not alter the grounds on which it has claimed Rs 640 crore in damages from Nestle for misleading advertisement and unfair trade practices. Nestle India got a reprieve last week from the High Court which lifted the ban slapped by food regulators on nine variants of the popular

  • Capping of airfares violates competition norms: CCI chief

    New Delhi: Capping of airfares will violate competition norms as it stifles the movement of market forces, fair trade watchdog CCI’s chief Ashok Chawla has said amid rising calls to curb exorbitant pricing of air tickets. Terming that such a move would be “antithetical” to the philosophy of competition as well as deregulation, Chawla stressed that market forces should be allowed to operate.

  • DoT asks telcos to file weekly update on call drops

    New Delhi Concerned over frequent call drops, the Department of Telecom has asked mobile operators to report on weekly basis the steps taken to check this menace and wants them to improve service immediately in the worst- affected areas, including in and around its headquarters here.

  • Ashwin in top-10, Dhawan jumps 15 spots for career-high 32nd

    Dubai: Off-spinner Ravichandran Ashwin entered the top-10 as the lone Indian in the ICC Test player rankings for bowlers, while opener Shikhar Dhawan jumped 15 places for a career-high 32nd in the batting chart following their exploits in the first Test against Sri Lanka at Galle. While Dhawan was ranked 32nd after his century against Sri Lanka, Test captain Virat Kohli, who also scored 110 in the first innings, was static to be

  • Mandeep Jangra

    Didn’t expect the Arjuna so early: Mandeep Jangra

    New Delhi: Surprised and elated in equal measure after becoming the only boxer to be picked for the Arjuna Awards this year, the fast-rising Mandeep Jangra says he never expected to come this far given that not many, apart from his mentor Akhil Kumar, had faith in him. Speaking to PTI from Italy, where the 22-year-old is currently training for the upcoming Asian Championships scheduled later this month, Mandeep said he is more

  • Anirban Lahiri

    Lahiri tied eighth at PGA Championships

    Kohler (Wisconsin): Playing only his seventh Major, Indian golfer Anirban Lahiri set himself up nicely for a career-best finish as he turned in a two-under 70 to be tied eighth after the third round of the PGA Championship here. He will play in the fourth last group on Sunday alongside Matt Kuchar.

  • Lamine Diack

    Sport is dead when we don’t believe, warns outgoing Diack

    Beijing: Doping is a “scourge” and “sport is dead” if track and field fans don’t believe what they see, outgoing IAAF president Lamine Diack has warned in an interview. Speaking ahead of the vote by the 214 member federations of the International Association of Athletics Federations (IAAF) to choose either Sergey Bubka or Sebastian Coe as their new president, Diack said of his admiration for Jamaican sprint star Usain Bolt, but also lamented

  • Jaitley to inaugurate SBI’s 2nd Banking & Economics Conclave

    Mumbai: Finance Minister Arun Jaitley will inaugurate the second edition of the State Bank of India’s Banking & Economics Conclave here on Tuesday. SBI said the theme of this year’s conclave is ‘India’s growth story: What needs to be done?’

  • Clean Ganga Campaign

    South Australia keen to assist Centre in Clean Ganga campaign

    Mumbai: After Germany, South Australia has also offered to assist the Centre in its ‘Clean Ganga’ campaign, a pet project of Prime Minister Narendra Modi. South Australia has offered to provide its expertise in water management sector by developing institutional framework and capacity building.

  • ST bus scrap to serve as classrooms in tribal areas

    Mumbai: The Maharashtra State Road Transport Corporation (MSRTC) will donate the scrap of its buses to be used as classrooms at schools in tribal areas. Not an ounce of scrap of ST buses will be wasted. The MSRTC will fulfil its social responsibility towards the society and transform the ST Bus Corporation into a responsible social centre, Transport Minister Diwakar Raote said here.

  • GST Bill not favourable for Bihar: Nitish Kumar

    Patna: Bihar Chief Minister Nitish Kumar on Sunday said that the Goods and Services Tax (GST) Bill was not a favourable step for Bihar, adding that the state required policy support from the Centre.

  • Heartbreak again as Saina settles for silver at World C’ships

    Jakarta: Saina Nehwal’s quest to become the first Indian world champion in badminton ended in heartbreak as she lost in straight games to title holder Carolina Marin in the summit showdown of the mega-event here today. The world number two Indian went down 16-21 19-21 to her numero uno nemesis from Spain in a match which lasted 59 minutes. It was the second successive loss in a major final for Saina even though

  • 20-minute walk cuts heart failure risk

    London: Moderate amount of physical activity, particularly walking and bicycling, can significantly lower the risk of heart failure, says a study. The participants who had the lowest levels of physical activity had a 47 percent higher risk of heart failure while those with highest levels had 51 percent higher risk than men with a median level.

  • Rio 2016

    Rio Olympics sailing venue passes test

    Rio de Janeiro: Competitors have praised the condition of the Guanabara Bay in the final 2016 Rio Olympics sailing test event here. More than 300 sailors from 52 countries and regions took part in the regatta on Saturday and which will run until next Saturday, reported Xinhua news agency.

  • China blast, Cars

    China blasts: 112 dead, 95 missing 

    Beijing: The toll in the explosions at a warehouse in China’s port city of Tianjin has risen to 112 with 95 people, including 85 fire-fighters, still missing, authorities said on Sunday.

  • Ramesh Sippy

    ‘Sholay’ never had poor opening: Ramesh Sippy

    Mumbai: Director Ramesh Sippy denied reports that his blockbuster film “Sholay” had a lackluster collection at the box-office for the first two weeks. He says that it got a blockbuster opening.